email and repsonse.

Hello, I apologize for the delay in my response. I am internal legal counsel to Advanced Explorations Inc. and have taken on some of Nadine's (our investor relations specialist's) role while she is on maternity leave. John is currently in China so I will take a stab at answering some of your questions. 1) To clarify, the last NR referred to a holding company structure that is to operate as the JV vehicle (ie. RB to be transferred into Savik and then XDIP earns interest in Savik pursuant to framework terms), rather than the new company being created in lieu of a JV. I have to be careful from a legal point of view about speculating as to timing of a signed JV or otherwise speak to XDIP's intentions; however, we continue to cooperate with XDIP to determine the best trade off between risk, capital requirements, and timeline to get the Project financed. The discussion is not currently about revising the Framework terms, instead, we are assessing the potential to amalgamate the two Framework Agreement (Tuktu and RB) into a single document/plan. 2) I am unable to comment on the December cash position because this is non-public information. 3) See attached press release re Tuktu. I hope that my answers are helpful. Best regards, Brendan Purdy Advanced Explorations Inc.401 Bay Street, Suite 2828P.O. Box 100, Simpson TowerToronto, On M5H 2Y4 Tel: 1-416-203-0057 (ext. 320)Fax: 1-416-203-0059 www.advanced-exploration.comFollow us on Twitter: AXI_IronOre________________________________________From: General InboxSent: Monday, January 21, 2013 8:52 AMTo: Brendan PurdySubject: FW: information please. ________________________________________From: Sent: Thursday, January 17, 2013 11:54 AMTo: General InboxSubject: information please. Hi, to whom it may concern, I would prefer a response back from Mr. Gingerich if I could please. But any information anyone can offer is greatly appreciated. Just wondering a few things: 1) Is there any indication AEI's "partner" XDIP is looking to realign or re-structure the previous framework agreement? Alot of time has past since the original agreement, and Im concerned for the project. The latest NR said there was a new company being created in leu of a partnership with XDIP. Can you shed some light on any potential agreements, or where AEI plans to move in regards to financing Roche Bay?2) Also, can you provide some insight to the companys cash position for DEC, 2012?3) When can we expect a news release on the Tuktu drill results? Thank you, as any information would be great, A shareholder for over 2 years.... C